Students

AFCP8142 – Private Capital

2022 – Term 3, In person-scheduled-infrequent, City

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff
Stephane Chatonsky
stephane.chatonsky@mq.edu.au
Contact via Email
Stephane Chatonsky
stephane.chatonsky@mq.edu.au
Credit points Credit points
10
Prerequisites Prerequisites
Admission to Master of Applied Finance or Graduate Diploma of Applied Finance
Corequisites Corequisites
Co-badged status Co-badged status
Unit description Unit description

This unit covers the overall structure and dynamics of contemporary private capital covering both portfolio firm level and fund level considerations. Key issues of assessing, valuing, contracting, monitoring and exiting private equity and venture capital investments are dealt with at a practitioner level of detail. This unit covers a spectrum of private capital investments, from early stage and venture (seed and start-up) to late stage (management and buy-outs), together with managing private capital funded businesses. Consideration is also given to fund creation and management.

Important Academic Dates

Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates

Learning Outcomes

On successful completion of this unit, you will be able to:

  • ULO1: Examine recent developments in the private capital maket and explain the key issues of assessing, valuing, contracting, monitoring and exiting private equity investments.
  • ULO2: Research and critically appraise a range of private equity investments and approaches.
  • ULO3: Describe the full lifecycle of a private capital transaction and apply private equity investment considerations to ‘real world’ situations.

General Assessment Information

Late submissions of assessments  

Unless a Special Consideration request has been submitted and approved, no extensions will be granted. There will be a deduction of 10% of the total available assessment-task marks made from the total awarded mark for each 24-hour period or part thereof that the submission is late. Late submissions will only be accepted up to 96 hours after the due date and time.

 

No late submissions will be accepted for timed assessments – e.g., quizzes, online tests.

 

Table 1: Penalty calculation based on submission time

Submission time after the due date (including weekends)

Penalty (% of available assessment task mark)

Example: for a non-timed assessment task marked out of 30

< 24 hours

10%

10% x 30 marks = 3-mark deduction

24-48 hours

20%

20% x 30 marks = 6-mark deduction

48-72 hours

30%

30% x 30 marks = 9-mark deduction

72-96 hours

40%

40% x 30 marks = 12-mark deduction

> 96 hours

100%

Assignment won’t be accepted

Special Consideration  

To request an extension on the due date/time for a timed or non-timed assessment task, you must submit a Special Consideration application. An application for Special Consideration does not guarantee approval.

The approved extension date for a student becomes the new due date for that student. The late submission penalties above then apply as of the new due date.

Assessment Tasks

Name Weighting Hurdle Due
Class activities 20% No Refer to iLearn
Case study 30% No Refer to iLearn
Final assessment 50% No Refer to iLearn

Class activities

Assessment Type 1: Participatory task
Indicative Time on Task 2: 10 hours
Due: Refer to iLearn
Weighting: 20%

 

Tasks set with online classes including quizzes, questions and participation.

 
On successful completion you will be able to:
  • Examine recent developments in the private capital maket and explain the key issues of assessing, valuing, contracting, monitoring and exiting private equity investments.

Case study

Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 30 hours
Due: Refer to iLearn
Weighting: 30%

 

Venture capital problem set.

 
On successful completion you will be able to:
  • Research and critically appraise a range of private equity investments and approaches.
  • Describe the full lifecycle of a private capital transaction and apply private equity investment considerations to ‘real world’ situations.

Final assessment

Assessment Type 1: Practice-based task
Indicative Time on Task 2: 30 hours
Due: Refer to iLearn
Weighting: 50%

 

A time-constrained open book task.

 
On successful completion you will be able to:
  • Examine recent developments in the private capital maket and explain the key issues of assessing, valuing, contracting, monitoring and exiting private equity investments.
  • Research and critically appraise a range of private equity investments and approaches.
  • Describe the full lifecycle of a private capital transaction and apply private equity investment considerations to ‘real world’ situations.

1 If you need help with your assignment, please contact:

  • the academic teaching staff in your unit for guidance in understanding or completing this type of assessment
  • the Writing Centre for academic skills support.

2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation

Delivery and Resources

Please refer to the unit's iLearn site.

Unit Schedule

Please refer to the unit's iLearn site.

Policies and Procedures

Macquarie University policies and procedures are accessible from Policy Central (https://policies.mq.edu.au). Students should be aware of the following policies in particular with regard to Learning and Teaching:

Students seeking more policy resources can visit Student Policies (https://students.mq.edu.au/support/study/policies). It is your one-stop-shop for the key policies you need to know about throughout your undergraduate student journey.

To find other policies relating to Teaching and Learning, visit Policy Central (https://policies.mq.edu.au) and use the search tool.

Student Code of Conduct

Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/admin/other-resources/student-conduct

Results

Results published on platform other than eStudent, (eg. iLearn, Coursera etc.) or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au or if you are a Global MBA student contact globalmba.support@mq.edu.au

Academic Integrity

At Macquarie, we believe academic integrity – honesty, respect, trust, responsibility, fairness and courage – is at the core of learning, teaching and research. We recognise that meeting the expectations required to complete your assessments can be challenging. So, we offer you a range of resources and services to help you reach your potential, including free online writing and maths support, academic skills development and wellbeing consultations.

Student Support

Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/

The Writing Centre

The Writing Centre provides resources to develop your English language proficiency, academic writing, and communication skills.

The Library provides online and face to face support to help you find and use relevant information resources. 

Student Services and Support

Macquarie University offers a range of Student Support Services including:

Student Enquiries

Got a question? Ask us via AskMQ, or contact Service Connect.

IT Help

For help with University computer systems and technology, visit http://www.mq.edu.au/about_us/offices_and_units/information_technology/help/. 

When using the University's IT, you must adhere to the Acceptable Use of IT Resources Policy. The policy applies to all who connect to the MQ network including students.

Unit information based on version 2022.05 of the Handbook